How Ponsball works
Every token launched here carries automated market making built directly into it. Creator fees accrue to a vault derived for that token and are deployed into buybacks against its own market, burning the acquired supply. Built on pons v2, on Robinhood Chain.
What a snowball is
A snowball is a pons token with a fee vault attached. Creator fees that would otherwise sit waiting to be withdrawn are instead claimed, deployed into buybacks against the token's own market, and sent to a burn address they can never leave.
The effect compounds. Turnover generates fees, fees become buy pressure and reduced float, and a tighter float means each subsequent execution moves price further. That is the snowball.
Launch lifecycle
- 01CreateYou set a name, ticker, image and links, choose what the coin trades against, and pay the launch fee. The entire supply is minted straight to a bonding curve. Nobody, including you, is holding a bag set aside beforehand.
- 02Trade the curveAnyone can buy and sell immediately. The price rises as people buy and falls as they sell, and the curve always takes the other side, so there is no waiting for liquidity.
- 03GraduateOnce the curve sells out, everything it collected seeds a Uniswap v4 pool and that liquidity is locked permanently. There is no unlock, and no privileged wallet that can reach it.
- 04CompoundFees keep accruing in the pool, and the keeper keeps claiming, buying back and burning for the life of the token.
The fee vault
Each launch derives its own fee vault at creation, and that vault is set as the coin's fee recipient in the launch transaction itself. Fees from a coin accrue only to that coin's vault, so one coin's trading volume can never fund another's buybacks.
The vault address is derived before the coin exists, because the fee recipient can only be set at creation and never afterwards. Every vault is generated deterministically from a single secret the platform holds, combined with a public value recorded alongside the launch. That public value reveals nothing on its own.
Snowball modes
You choose one of three modes when you launch. A mode sets the trade tax and how often the keeper sweeps your coin's fee vault to buy back and burn. It is fixed at launch and cannot be changed afterwards.
The lightest tax on the platform, so the coin trades almost as cheaply as an untaxed one. Supply comes off slowly, over a long horizon.
Cheap to trade and easy to attract volume to, while still taking a steady bite out of the float.
A modest tax turned over often, so burns land regularly without the cost of trading becoming a talking point.
Meaningful buy pressure at a tax most traders will still pay. The broadest range of coins should sit here.
A large cut redeployed quickly. Trading costs real money, and the float visibly shrinks while people watch.
The largest cut of every trade, redeployed almost immediately. Maximum supply destruction, at the highest cost to trade.
There is a genuine trade-off here. A higher tax burns more supply per trade but makes the coin more expensive to trade, which can suppress the volume the burns depend on. A lower tax invites more volume but takes a smaller cut of each trade.
The keeper
The keeper is a bot we run. On a schedule it checks every launch, claims whatever fees have accumulated, buys the token back on its own market, and burns what it buys.
Every action it takes is recorded and published to the buyback and burn feed on the home page, with the amount and its dollar value at the time. Each action is also an onchain transaction you can verify yourself on the explorer.
Bonding curve
A bonding curve is a vending machine. It holds the whole supply from the moment of launch and will always sell you tokens and always buy them back. The price is worked out from how much of the supply has been bought so far, not set by anyone.
Large buys move the price more than small ones, so the price you pay on a big order is worse than the quoted price. That is ordinary behaviour for any market with finite liquidity.
The one moment you cannot sell to the curve is after it sells out, because at that point it holds exactly the reserves the pool is about to be built from. Selling reopens in the pool, normally in the same transaction that finished the curve.
Fees
Fees are always charged in the asset the coin trades against, never in the coin itself, so you are never handed a bill in a token you were trying to sell.
Contracts
Everything runs on the pons v2 contracts on Robinhood Chain, chain id 4663. Each launch gets its own token and curve, which you should resolve from the factory rather than hardcoding.
Risks
- Launch tokens are volatile and can lose all of their value.
- Anyone can create a coin with any name, ticker and image, including ones imitating a real project. Names are not unique and are not verified. Check the contract address, which is the only identifier that cannot be copied.
- Reaching graduation is not a signal of quality. It only means the curve sold out.
- Buybacks depend on trading activity. A coin nobody trades generates no fees and therefore burns nothing.
- A coin paired against another asset carries that asset's risk on top of its own. If the pairing asset falls, your position falls with it.
- Transactions are signed by your own wallet and are irreversible.